Tag: financial gift for home
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How the ‘Gift of Mum and Dad’ Revolutionizes Australia Home Loan Assistance
The landscape of parental support for aspiring Australian homeowners has undergone a significant shift, with the traditional ‘Bank of Mum and Dad’ now transitioning into the ‘Gift of Mum and Dad,’ as revealed in Mozo’s latest report. Parents are increasingly providing substantial financial assistance for property purchases without expecting repayment, as soaring property prices and…